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The decision by Phillips 66 this week to shutter its refinery in Wilmington next year will wipe out more than 8% of the state's crude oil processing capacity. Another refinery shuts down in ...
Phillips 66 announced Wednesday that it will close its Wilmington-area refinery complex next year but will work with the state to continue supplying fuel to consumers.
Complaints of acrid odors, fiery accidents, soot and harmful emissions have gained new resonance in recent years.
By 2006, the refinery had a capacity of 225,000 barrels (35,800 m 3) a day and processed more crude oil than any other plant in the Bay Area and ranked among the major refineries in the U.S. [9] In March 2014, the company launched a website to provide Richmond-area community news. [12]
A declining percentage of the oil supplied to California's refineries is produced in California, down to 23.4% in 2023 from 51.0% in 1993, thirty years earlier. [17] 15.9% of oil supplied to California's refineries came from Alaska in 2023, and 60.7% came from foreign sources. [17]
The refinery is located on 850 acres, in 2016 had approximately 650 full-time employees, and had a crude oil capacity of 157,000 barrels per day. In 2015 it was the fourth-largest refinery in the state. The refinery had a Nelson complexity index of 16.1. [citation needed]
Oil company Phillips 66 announced Wednesday that it plans to shut down a Los Angeles-area refinery by the end of 2025, citing market concerns. The company said it will remain operating in the state.
The South Bay is in for a large-scale transformation near the Port of Los Angeles as Phillips 66 shuts down its sprawling refineries and makes way for developers to reimagine the prime real estate.